What are the benefits and differences between exchange-traded funds and mutual funds? Mike in Colorado wants to know. How should Lauren in Florida approach the fixed-income portion of her investment portfolio? Would a balanced fund be good for asset allocation in the decumulation phase for DJ in Missouri? Plus, Karen wants to make a one-time roulette investment. Should she hire a broker or do it herself? Joe Anderson, CFP® and Big Al Clopine, CPA spitball on investing from the basics to the alternatives, today on Your Money, Your Wealth® podcast number 516. But first, something for YMYW’s legion of Old-Fashioned drinkers: find out how you can put your money where your mouth is with our special guest Jeremy Kasler, the founder and CEO of CaskX, making investing in whiskey and bourbon more accessible and transparent for investors.
Access free financial resources and the episode transcript: https://bit.ly/ymyw-516
DOWNLOAD The Investing Basics Guide
WATCH Financial Facts vs. Fiction: The Truth May Shock You! on YMYW TV
DOWNLOAD The Retirement Readiness Guide
WATCH the full interview with Jeremy Kasler of CaskX
ASK Joe & Big Al for your Retirement Spitball Analysis
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SCHEDULE your Free Financial Assessment
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Timestamps:
00:00 - Intro: This Week on the YMYW Podcast
00:55 - How to Invest in Bourbon and Whiskey with Jeremy Kasler, Founder and CEO of CaskX (watch the full interview exclusively on YouTube)
12:17 - Watch Financial Fact vs. Fiction: The Truth May Shock You! On YMYW TV, Download the Retirement Readiness Guide
13:09 - Big Al and Joe's Favorite Bourbons or Whiskeys
15:17 - ETFs vs. Mutual Funds Explained (Mike, CO)
18:34 - Bonds, Bond Funds, TIPs, CDs: Where to Invest for Fixed Income? (Lauren, FL)
21:47 - Download the Investing Basics Guide, Calculate your Free Financial Blueprint
22:54 - Is a Balanced Fund Good for Asset Allocation in the Decumulation Phase? (DJ, Missouri)
27:33 - One-Time Roulette Investment: Should I Hire a Broker or Do It Myself? (Karen)
31:46 - Outro: Next Week on the YMYW Podcast